NNN REIT Inc (NNN)
NYSE: NNN · IEX Real-Time Price · USD
40.96
+0.35 (0.86%)
Apr 23, 2024, 4:00 PM EDT - Market closed
NNN REIT Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for NNN REIT stock have an average target of 45.75, with a low estimate of 42 and a high estimate of 50. The average target predicts an increase of 11.69% from the current stock price of 40.96.
Analyst Consensus: Buy
* Price targets were last updated on Nov 2, 2023.
Analyst Ratings
The average analyst rating for NNN REIT stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $45 → $42 | Hold | Maintains | $45 → $42 | +2.54% | Nov 2, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $54 → $49 | Buy | Maintains | $54 → $49 | +19.63% | Aug 8, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $46 → $45 | Hold | Maintains | $46 → $45 | +9.86% | Aug 3, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jun 28, 2023 |
| Exane BNP Paribas | Exane BNP Paribas | Sell Initiates $42 | Sell | Initiates | $42 | +2.54% | Jun 14, 2023 |
Financial Forecast
Revenue This Year
867.64M
from 828.11M
Increased by 4.77%
Revenue Next Year
908.34M
from 867.64M
Increased by 4.69%
EPS This Year
1.99
from 2.16
Decreased by -7.88%
EPS Next Year
2.06
from 1.99
Increased by 3.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 920.8M | 978.2M | 1.0B |
| Avg | 867.6M | 908.3M | 926.7M |
| Low | 812.7M | 819.7M | 824.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.2% | 12.7% | 11.5% |
| Avg | 4.8% | 4.7% | 2.0% |
| Low | -1.9% | -5.5% | -9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.10 | 2.19 | 2.32 |
| Avg | 1.99 | 2.06 | 2.13 |
| Low | 1.89 | 1.96 | 2.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.8% | 10.3% | 12.4% |
| Avg | -7.9% | 3.7% | 3.3% |
| Low | -12.4% | -1.5% | -3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.